Market watching FOMC statement for word changes

CBS.MarketWatch.com

WASHINGTON (CBS.MW) - In the old days, Fed watchers were considered oracles, masters of monitoring dizzying concepts of system repurchases and reserve projections to divine when the tomb-silent Federal Open Market Committee was ready to change monetary policy. See full story.

Mutual Understanding: B. of A., Fleet in $675 million pact with regulators

NEW YORK (CBS.MW) -- Bank of America and FleetBoston Financial agreed on Monday to pay $675 million to settle regulators' allegations that they allowed privileged customers to make improper fund trades at the expense of ordinary fund shareholders. See full story.

Stewart resigns from MSO board

NEW YORK (CBS.MW) -- Martha Stewart resigned Monday as director and chief creative officer of Martha Stewart Living Omnimedia, but will stay on as founding editorial director of the company she created. See full story.

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